A deal between Relay Payments and Love’s Travel Stops means the payments provider will cover about 75% of the diesel market.
Partnering with Relay for digital fuel payments — and utilizing its integration through Amous — has completely eliminated fuel theft for PURE, saving the company an average of $10,000-$15,000 per month.
Attracting younger workers to trucking companies means investing in technology that eases wait times and routing and improves communications, experts said.
RoadSync has diversified, but lumpers and maintenance costs while on the road remain a key market for the company.
CEO Barkoff isn’t revealing much about the next initiatives at the 4-year-old Relay Payments, which has attracted significant investment.
One of the more underserved segments in a decidedly underserved industry, LTL is getting a boost from Relay Payments.
FreightWaves examines 5 deals and partnerships that highlight how fintech can improve FreightTech offerings.
A recent SEC filing shows the company has already raised $44.7 million from four investors.
On this Midday Market Update, Kaylee Nix and Michael Vincent hear about looming repercussions from the Suez Canal blockage and how the release of the Ever Given could spell continued trouble for freight markets.
Electronic payments provider Relay Payments announces Old Dominion Freight Line is the latest carrier to join its platform.
Relay Payments, a fintech company operating in the logistics space, has raised $43 million in funding over the last six months as it seeks to digitize an industry that has long relied on checks and cash.
